WannaCry attack is good business for cyber security firms


  • TECH
  • Monday, 22 May 2017

Increasingly serious cyber security problems are partly an inevitable consequence of the growing complexity of digital technology. — Reuters

SAN FRANCISCO: For Kris Hagerman, chief executive of Britain-based cyber security firm Sophos Group Plc, the past week could have been bad. The WannaCry "ransomware" attack hobbled some of its hospital customers in Britain's National Health Service, forcing them to turn away ambulances and cancel surgeries.

The company quickly removed a boast on its website that “The NHS is totally protected with Sophos”. In many industries, that sort of stumble would likely hit a company's reputation hard.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Synopsys sells software integrity unit for $2.1 billion to PE group
Robinhood Crypto gets Wells notice from US SEC
Trump Media dismisses auditor BF Borgers amid SEC fraud charges
Grayscale Bitcoin Trust's shares jump after first inflow since January
Lamborghini bros no more: Crypto is creating a new wealth effect
Amazon driver fatally shoots person trying to steal vehicle at gunpoint, US cops say
Microsoft ties pay for top bosses to meeting cybersecurity goals
JPJ: Bjak not authorised to offer road tax renewal services
TikTok’s boss goes from reserved tech exec to Met Gala chair
The bystander’s role is changing in the era of livestreaming. North Carolina’s standoff shows how

Others Also Read